The S&P hit a record high Friday and the market was up in general on a weaker dollar, and the vast majority of the broadcast stocks we follow were happy to follow suit. SBS and Emmis were the best of the lot.
The RBR Radio Index rose 6.816, or 0.9%, to 731.614.
The TVBR Television Index rose 5.298, or 0.6%, to 928.973.
SBS, up 6.4%
Emmis, up 4.3%
Fox, up 2.0%
Cumulus, down 3.6%
Gray, down 1.2%
Entercom, down 0.9%